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Thread: Scozzafava Suspends Campaign

  1. #101
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    Re: Scozzafava Suspends Campaign

    Quote Originally Posted by MrVicchio View Post
    It would have self corrected, it just would have been painful to go through.
    Explain to me how you self corrected when everyone is wiped out. Explain to me how you self correct when your currency is not worth the paper it's printed on. Explain to me how you self correct when there is no financing available. Essentially, we'd be looking at a financial Marshal plan from Europe and China. God forbid that.

    In some ways, it would be epic Karma to be forced to take a "Economic Stabilization Plans" that fracked up so many countries from the IMF that we shoved down their throats ourselves.

    Why do you think I wanted to bitch slap McCain when he "rushed back to DC to help moderate the bailouts?
    This doesn't address what you quoted. When the dollar is no longer used as a currency reserve and as the medium of oil exchange, both highly artificial constructs that interfere with the market principles of actual value, we're going to get the shaft we've prolonged for decades. The dollar's value hasn't been accurate in the market for decades because of artificial constructs in the market. But you don't here the absolute pro-market people saying a thing about removing them for the good of the market. Hypocrites.

    I think it's scary likely.
    It really depends on how well the economy picks up within the next five years and how big a surplus Congress can build to reduce the debt. As I've been saying for years we're going to have to jack up taxes and cut spending to have any hope of getting out of this hole.
    "If your opponent is of choleric temperament, seek to irritate him." - Sun Tzu

  2. #102
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    Re: Scozzafava Suspends Campaign

    A few years at the pre Reagan tax rate of 70% should do the job.
    The haggardness of poverty is everywhere seen contrasted with the sleekness of wealth, the exhorted labor of some compensating for the idleness of others, wretched hovels by the side of stately colonnades, the rags of indigence blended with the ensigns of opulence; in a word, the most useless profusion in the midst of the most urgent wants.Jean-Baptiste Say

  3. #103
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    Re: Scozzafava Suspends Campaign

    Quote Originally Posted by obvious Child View Post
    Explain to me how you self corrected when everyone is wiped out. Explain to me how you self correct when your currency is not worth the paper it's printed on. Explain to me how you self correct when there is no financing available. Essentially, we'd be looking at a financial Marshal plan from Europe and China. God forbid that.
    Oh ye of little faith in the American Spirit.
    Quote Originally Posted by obvious Child View Post
    In some ways, it would be epic Karma to be forced to take a "Economic Stabilization Plans" that fracked up so many countries from the IMF that we shoved down their throats ourselves.
    Only if we had weak leaders and a paniced populace that believed we were incapable of forging our own success.

    Quote Originally Posted by obvious Child View Post

    This doesn't address what you quoted. When the dollar is no longer used as a currency reserve and as the medium of oil exchange, both highly artificial constructs that interfere with the market principles of actual value, we're going to get the shaft we've prolonged for decades. The dollar's value hasn't been accurate in the market for decades because of artificial constructs in the market. But you don't here the absolute pro-market people saying a thing about removing them for the good of the market. Hypocrites.
    I misunderstood what you were referring to and offer an apology.


    The dollar become artificial when they removed a hard asset to back it up.
    Quote Originally Posted by obvious Child View Post
    It really depends on how well the economy picks up within the next five years and how big a surplus Congress can build to reduce the debt. As I've been saying for years we're going to have to jack up taxes and cut spending to have any hope of getting out of this hole.
    JFK, Reagan and Bush all cut taxes, each saw tax revenues soar. Lesson being, free the markets, free the people, and watch the magic happen.

    Cutting spending? HAHAHAHAH... yeah not till Joe American get's over the "I'll vote for whatever politician will bring home the bacon!"
    Climate, changes. It takes a particularly uneducated population to buy into the idea that it's their fault climate is changing and further political solutions can fix it.



  4. #104
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    Re: Scozzafava Suspends Campaign

    Quote Originally Posted by donc View Post
    A few years at the pre Reagan tax rate of 70% should do the job.
    You do realize the post Reagan tax period saw MORE revenue then the high tax period before right?

    Nah, didn't think so.
    Climate, changes. It takes a particularly uneducated population to buy into the idea that it's their fault climate is changing and further political solutions can fix it.



  5. #105
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    Re: Scozzafava Suspends Campaign



    Bah, my internet is slow tonight.
    Climate, changes. It takes a particularly uneducated population to buy into the idea that it's their fault climate is changing and further political solutions can fix it.



  6. #106
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    Re: Scozzafava Suspends Campaign

    Quote Originally Posted by MrVicchio View Post
    You do realize the post Reagan tax period saw MORE revenue then the high tax period before right?

    Nah, didn't think so.

    Did you know that Reagan did that by tripling the deficit when he run up the largest debt up to that time? Didnít think so.
    The haggardness of poverty is everywhere seen contrasted with the sleekness of wealth, the exhorted labor of some compensating for the idleness of others, wretched hovels by the side of stately colonnades, the rags of indigence blended with the ensigns of opulence; in a word, the most useless profusion in the midst of the most urgent wants.Jean-Baptiste Say

  7. #107
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    Re: Scozzafava Suspends Campaign

    Quote Originally Posted by donc View Post
    Did you know that Reagan did that by tripling the deficit when he run up the largest debt up to that time? Didnít think so.
    You sure you want to argue that each president is responsible for every penny added to the deficit from the day they take office until the day they leave?
    People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf.

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    Re: Scozzafava Suspends Campaign

    Quote Originally Posted by Scarecrow Akhbar View Post
    The important thing is that the Democrat isn't going to win.

    Democrats not winning, that should happen in every election.
    If the Republican is not much different than the Democrat, then I suggest that it is not such an important thing.
    The ghost of Jack Kevorkian for President's Physician: 2016

  9. #109
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    Re: Scozzafava Suspends Campaign

    Quote Originally Posted by RightinNYC View Post
    If you found out that a male governor didn't cook for his kids, would you be up in arms about it? Of course not, it's only women who are terrible parents if they don't cook and clean around the house.
    Damn, good call.

    How do you like them apples, Will?


  10. #110
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    Re: Scozzafava Suspends Campaign

    Quote Originally Posted by RightinNYC View Post
    You sure you want to argue that each president is responsible for every penny added to the deficit from the day they take office until the day they leave?
    Well, spending did go a bit out of control under Reagan, but it was not wasted money. After all, Reagan's policies defeated Communism, and Russia went broke attempting to match us militarily. While I am against overspending, I also realize that, sometimes, in crucial moments of history, it is not such a bad thing. Yes, people CAN blame Reagan for that spending, but I prefer to give him the credit instead. It changed history, and changed it for the better.
    Last edited by danarhea; 11-03-09 at 02:21 AM.
    The ghost of Jack Kevorkian for President's Physician: 2016

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